Joint Account definition

Joint Account means an Account opened in more than one name;
Joint Account means an Account jointly maintained in 2 names and a “Joint Account Holder” means a person in whose name a Joint Account is maintained;
Joint Account means an Account opened in names of two members.

Examples of Joint Account in a sentence

  • Joint account holders must share the same payee list and are subject to the rules contained in the Membership and Account Agreement.


More Definitions of Joint Account

Joint Account means the account showing the charges paid and credits received in the conduct of the Joint Operations and which are to be shared by the Parties.
Joint Account means the account established and maintained by the Operator to record all Advances, expenditures and receipts in the conduct of Joint Operations;
Joint Account means the accounts maintained by Operator in accordance with the provisions of this Agreement and of the Accounting Procedure for Joint Operations.
Joint Account means an Account opened in more than one name and includes an Account in the name of a partnership.
Joint Account means an account payable on request to one or more of two or more parties whether or not mention is made of any right of survivorship.
Joint Account means a deposit in a financial institution in which 2 or more persons have an interest, either by way of ownership or right of withdrawal.
Joint Account means the set of accounts maintained by the Operator to record all expenditure and other transactions under the provisions of the Contract. Such accounts will distinguish between exploration, evaluation, development and production costs. After adoption of a Development Plan a separate Joint Account shall be maintained for each Development Area.